The future of Ethereum in 2024?

[Kemarit]

It looks like the market is getting better dude, so maybe your hopes of ethereum price dropping to $1,800-$2,000 will not be achieved in this cycle. Because the lowest point of ethereum price if there is a correction before the bullish season is around $2,000. That's just my prediction, I will also buy ethereum again if the price drops to $2,200, because I believe ethereum price will touch more than $4K.

Based on the historical side, we should have good market at the end of this year. If the history repeats, there will be no big dump in Ethereum price. It is unlikely to drop to $1,800-$2,000. Instead of having big dump, I assume we will have big pump. Ethereum may try to retest to cross $3k if we have good trends. I also predict the price of Ethereum will be above $5k but it may be in the next year. Maybe in Q1, Q2, or Q3 of 2025.

We can also say that to Bitcoin though, but we have to wait for Bitcoin to have it's parabolic rise so that Ethereum will follow next. This has been the trend already for many years and I think this could still be the cycle for now.

$3,000 retesting is the next big psychological barrier that we have to break, so far though, the whole market is into correction including Ethereum. But in the last 3 months, I'm expecting that we might touch that price and then next year, anything goes as we will be in the bullish state and so it's possible that it might see $5,000.

The crypto prices today have sparked investor speculations globally. Not a good sign, at least in the short term but Eth is a proven asset for three cycles.
And I've noticed what a strong fad Eth and its ecosystem have been going for lately, Base is leading Ethereum L2s in transactions.
People are coming on-chain and I think the ETH ecosystem will explode. IMHO

And after more than a month of my posting, it became true that $3000 has been reach by Ethereum because of Bitcoin's trickle effect on all altcoins. So now, as I have mentioned, $5000 could be our next target obviously. And with a huge FOMO on the market because of Trump's winning the US presidential race, I wouldn't be surprised at all if the current price will double or even triple next year.

So it's good for Ethereum holder, and if you are not selling, and waiting for a new all time high, then you need to wait and have patience or even has the mentality to continue to accumulate and look for the bigger picture in 2025.

[rdluffy]

And after more than a month of my posting, it became true that $3000 has been reach by Ethereum because of Bitcoin's trickle effect on all altcoins. So now, as I have mentioned, $5000 could be our next target obviously. And with a huge FOMO on the market because of Trump's winning the US presidential race, I wouldn't be surprised at all if the current price will double or even triple next year.

So it's good for Ethereum holder, and if you are not selling, and waiting for a new all time high, then you need to wait and have patience or even has the mentality to continue to accumulate and look for the bigger picture in 2025.

Finally ETH has reacted better in price, as it had been in the sub 3k range for some time
I'm still skeptical. Even though I'm also an ETH investor, it seems that the L2s and so many other networks on the market have caused the price of ETH to suffer a lot of dilution

But it's ETH, it can always surprise and it's capable of rising in value organically and not just by pump and dump, I think ATH is a bit hard to achieve soon.
Current ATH is $4,891.70, 3 years ago 

[smartaction]

and for today the value of ETH is 2,394.3 USD — has increased by 1.12% in the last 24 hours.
so the possibility of the price of eth for 2024 can be said to be quite good, especially in October, the month of hope for all coins to reach the peak of the bullrun

Quite relieved because the price of Ethereum can go back up after a really drastic drop in the past few days. but indeed, a figure that small still does not convince us whether Ethereum will go back up above $2500 in a few more days or hours. because that predicts the market for now. especially because there is indeed a lot of bad news that haunts the condition of the crypto market.

Last month, the highest price of Ethereum could reach more than $2600, and the expectation is that in October it will be much higher than that. Because usually at the end of the year, market conditions will improve. It's just that we don't know when it will really happen, and at what rate the price of ETH will increase drastically again from last month.

Many complain because the price of ethereum is quite struggling to follow the movement of the bitcoin price, but we know that ethereum is still the altcoin that ranks second in CMC, it is the king of altcoins. The price of ethereum is likely to rise high next year, so keep holding your ethereum.

Ethereum price starts to rise Ethereum price has already crossed $3k. Hopefully if Bitcoin price can reach $100k next year then Ethereum price will have a big chance to reach $10k easily. Those who have Ethereum now should hold on to Ethereum.  Can sell ethereum at few times profit in a few months. Those who invested when ethereum was $2k a few months ago are now  There is a great opportunity for them to get good amount of profit.

[dwyane36]

Finally ETH has reacted better in price, as it had been in the sub 3k range for some time
I'm still skeptical. Even though I'm also an ETH investor, it seems that the L2s and so many other networks on the market have caused the price of ETH to suffer a lot of dilution

But it's ETH, it can always surprise and it's capable of rising in value organically and not just by pump and dump, I think ATH is a bit hard to achieve soon.
Current ATH is $4,891.70, 3 years ago 

It should be noted that ETH dominance is relatively small now, but it will always follow the trend set by Bitcoin. So, the new ATH of ETH will only be a matter of time. Personally, I think that if the Bitcoin price reaches $100k and there is an alt season on the market, ETH will most likely be able to update the ATH.

[armanda90]

Ethereum price starts to rise Ethereum price has already crossed $3k. Hopefully if Bitcoin price can reach $100k next year then Ethereum price will have a big chance to reach $10k easily. Those who have Ethereum now should hold on to Ethereum.  Can sell ethereum at few times profit in a few months. Those who invested when ethereum was $2k a few months ago are now  There is a great opportunity for them to get good amount of profit.

Ethereum have good moment since Bitcoin break new ATH price and success back above 43,200 currently price, I think many investor have waiting for longer time with Ethereum recovery since drop under $2,1k last several months ago have bad progress or recovery.
Get significiant movement of Ethereum price after bitcoin hitting new ATH price every day and give opportunity how easily Ethereum break out to higher price and not close opportunity reach above $4k near future.

[doc]

Ethereum price starts to rise Ethereum price has already crossed $3k. Hopefully if Bitcoin price can reach $100k next year then Ethereum price will have a big chance to reach $10k easily. Those who have Ethereum now should hold on to Ethereum.  Can sell ethereum at few times profit in a few months. Those who invested when ethereum was $2k a few months ago are now  There is a great opportunity for them to get good amount of profit.

Ethereum have good moment since Bitcoin break new ATH price and success back above 43,200 currently price, I think many investor have waiting for longer time with Ethereum recovery since drop under $2,1k last several months ago have bad progress or recovery.
Get significiant movement of Ethereum price after bitcoin hitting new ATH price every day and give opportunity how easily Ethereum break out to higher price and not close opportunity reach above $4k near future.

The prices of etehreum and other altcoin always follow the king, namely Bitcoin. At present Bitcoin has touched ATH $ 87K and we see the current Ethereum price of $ 3,338 whereas previously Ethereum seemed struggle and read some people's comments that said the popularity of Ethereum had diminished because of the emergence of a better new network with cheaper gas fees. But etehreum is still the best altcoin because it is in rank 2 at CMC.

[bitterguy28]

The prices of etehreum and other altcoin always follow the king, namely Bitcoin. At present Bitcoin has touched ATH $ 87K and we see the current Ethereum price of $ 3,338 whereas previously Ethereum seemed struggle and read some people's comments that said the popularity of Ethereum had diminished because of the emergence of a better new network with cheaper gas fees. But etehreum is still the best altcoin because it is in rank 2 at CMC.

every coin gets people who do not believe in them and these people would always spread fud even bitcoin receives those but once everything starts going and the market is on the rise again they will be surprised but we have always said that it will rise again they just did not believe us and were skeptical about it

anyway it is on our favor once what we expect happens which is altcoins especially ethereum follow bitcoin's movement

[nakmantu99]

The prices of etehreum and other altcoin always follow the king, namely Bitcoin. At present Bitcoin has touched ATH $ 87K and we see the current Ethereum price of $ 3,338 whereas previously Ethereum seemed struggle and read some people's comments that said the popularity of Ethereum had diminished because of the emergence of a better new network with cheaper gas fees. But etehreum is still the best altcoin because it is in rank 2 at CMC.

every coin gets people who do not believe in them and these people would always spread fud even bitcoin receives those but once everything starts going and the market is on the rise again they will be surprised but we have always said that it will rise again they just did not believe us and were skeptical about it

anyway it is on our favor once what we expect happens which is altcoins especially ethereum follow bitcoin's movement

There are indeed many comments about ethereum which seems to be struggling to rise following the increase in the price of bitcoin, there is news that ethereum is starting to be abandoned by its users. and when we see bitcoin has exceeded the new ATH, the price of ethereum rises and touches $ 3K, which previously had difficulty approaching the price of $ 3K, that's the crypto market. so stay calm when the coins we hold feel like they are struggling because altcoins will always follow bitcoin in the crypto market.

[36B]

The prices of etehreum and other altcoin always follow the king, namely Bitcoin. At present Bitcoin has touched ATH $ 87K and we see the current Ethereum price of $ 3,338 whereas previously Ethereum seemed struggle and read some people's comments that said the popularity of Ethereum had diminished because of the emergence of a better new network with cheaper gas fees. But etehreum is still the best altcoin because it is in rank 2 at CMC.

every coin gets people who do not believe in them and these people would always spread fud even bitcoin receives those but once everything starts going and the market is on the rise again they will be surprised but we have always said that it will rise again they just did not believe us and were skeptical about it

anyway it is on our favor once what we expect happens which is altcoins especially ethereum follow bitcoin's movement

There are indeed many comments about ethereum which seems to be struggling to rise following the increase in the price of bitcoin, there is news that ethereum is starting to be abandoned by its users. and when we see bitcoin has exceeded the new ATH, the price of ethereum rises and touches $ 3K, which previously had difficulty approaching the price of $ 3K, that's the crypto market. so stay calm when the coins we hold feel like they are struggling because altcoins will always follow bitcoin in the crypto market.

It’s not uncommon to see the movement of the crypto market to be sparked by the movement of Bitcoin hence if Ethereum is seen to be trying to gain momentum then it is all good. Despite the start of users’ exodus, $3K of Ethereum proves that people still trust this coin. Certainly, I think the most important thing to remember is to be patient in a moving market like this where altcoins have a likely pattern of following the trend established by Bitcoin. Just be patient and observe the fluctuations because those opportunities can always emerge at some point.

[armanda90]

There are indeed many comments about ethereum which seems to be struggling to rise following the increase in the price of bitcoin, there is news that ethereum is starting to be abandoned by its users. and when we see bitcoin has exceeded the new ATH, the price of ethereum rises and touches $ 3K, which previously had difficulty approaching the price of $ 3K, that's the crypto market. so stay calm when the coins we hold feel like they are struggling because altcoins will always follow bitcoin in the crypto market.

No doubt, altcoin always following the bitcoin price and Ethereum have show their consistency after success break out above $3k due bitcoin touched new ATH price.
I don't think not be panic for Ethereum holder although have longer time drop under lower price but when bitcoin success break out new higher price easily for Ethereum get moving above $3k.
Now waiting the new ATH of bitcoin price and potential will Ethereum touch new ATH again almost reach $4k or bitcoin will drop awhile exactly at the end of year always have bad opportunity with bitcoin and altcoin going to lower price.

[koang]

The prices of etehreum and other altcoin always follow the king, namely Bitcoin. At present Bitcoin has touched ATH $ 87K and we see the current Ethereum price of $ 3,338 whereas previously Ethereum seemed struggle and read some people's comments that said the popularity of Ethereum had diminished because of the emergence of a better new network with cheaper gas fees. But etehreum is still the best altcoin because it is in rank 2 at CMC.

every coin gets people who do not believe in them and these people would always spread fud even bitcoin receives those but once everything starts going and the market is on the rise again they will be surprised but we have always said that it will rise again they just did not believe us and were skeptical about it

anyway it is on our favor once what we expect happens which is altcoins especially ethereum follow bitcoin's movement

There are indeed many comments about ethereum which seems to be struggling to rise following the increase in the price of bitcoin, there is news that ethereum is starting to be abandoned by its users. and when we see bitcoin has exceeded the new ATH, the price of ethereum rises and touches $ 3K, which previously had difficulty approaching the price of $ 3K, that's the crypto market. so stay calm when the coins we hold feel like they are struggling because altcoins will always follow bitcoin in the crypto market.

Hodl is a good concept that hurts but if we survive the journey we will truly know what it means. Patient is Virtue
And in a bull run, it doesn't go straight up there will be a correction, if we can identify it, sell the top, and buy the bottom, we will double our profits in the long run.
I know, that it is very difficult to time the top and bottom, Not everyone can do it, that's for sure.

[doc]

Hodl is a good concept that hurts but if we survive the journey we will truly know what it means. Patient is Virtue
And in a bull run, it doesn't go straight up there will be a correction, if we can identify it, sell the top, and buy the bottom, we will double our profits in the long run.
I know, that it is very difficult to time the top and bottom, Not everyone can do it, that's for sure.

It is indeed not easy to determine the peak and bottom prices, but with the right analysis, at least our decisions are close to the peak and bottom prices. because it is difficult to make accurate predictions because the crypto market is very volatile and everyone's analytical abilities are different.

[rizqillah]

t’s not uncommon to see the movement of the crypto market to be sparked by the movement of Bitcoin hence if Ethereum is seen to be trying to gain momentum then it is all good. Despite the start of users’ exodus, $3K of Ethereum proves that people still trust this coin. Certainly, I think the most important thing to remember is to be patient in a moving market like this where altcoins have a likely pattern of following the trend established by Bitcoin. Just be patient and observe the fluctuations because those opportunities can always emerge at some point.

I think investors still believe in ethereum, because ethereum still has a large community. and as the second coin in CMC ethereum has shown a price increase when bitcoin reached its latest ATH. and this is proof that ethereum demand is still high. Although the price of ethereum is still far from ATH, it is likely that next year ethereum will touch ATH.

[dekafee79]

Hodl is a good concept that hurts but if we survive the journey we will truly know what it means. Patient is Virtue
And in a bull run, it doesn't go straight up there will be a correction, if we can identify it, sell the top, and buy the bottom, we will double our profits in the long run.
I know, that it is very difficult to time the top and bottom, Not everyone can do it, that's for sure.

becoming a holder, investor or trader is our choice in investing in crypto and all is adjusted to what we believe and what abilities we can do. because a trader with professional abilities will definitely choose to become a trader. and for those who do not have the skills in trading will choose to become a holder.

[koang]

~ ~ ~

It is indeed not easy to determine the peak and bottom prices, but with the right analysis, at least our decisions are close to the peak and bottom prices. because it is difficult to make accurate predictions because the crypto market is very volatile and everyone's analytical abilities are different.

Yeah, I know. It uses historical data and statistical tools. This analysis can help traders figure out when it's the best time to buy or sell.
But as you said, this is crypto, prices move very wildly, and analysis theories used in conventional asset trading sometimes do not work in the crypto market.
So Hodl is the easiest strategy that can be practiced by everyone who wants to profit from crypto, the main condition is to have a lot of patience. Especially for Ethereum

becoming a holder, investor or trader is our choice in investing in crypto and all is adjusted to what we believe and what abilities we can do. because a trader with professional abilities will definitely choose to become a trader. and for those who do not have the skills in trading will choose to become a holder.

I see your point. My money, my rules. So I won't argue with you about it